Blaize, an AI computing innovator revolutionizing edge and automotive computing solutions, announced that it raised $71 Million in series D funding. This round was led by Franklin Templeton and Temasek, with participation from Denso and other new and existing backers.

The funding will support the acceleration of the product roadmap to meet the growing demand for higher performance, lower power, lower cost AI hardware, and transformational AI software solutions in automotive, smart retail, smart city, and industrial markets.

Company: Blaize Inc.

Raised: $71.0M

Round: Series D

Funding Month: July 2021

Lead Investors: Templeton and Temasek

Additional Investors: Denso and other new and existing backers

Company Website: https://www.blaize.com/

Software Category: Computing platform>AI

About the Company: Blaize, formerly Thinci, is an AI computing platforms company that develops products for the automotive, smart vision, and enterprise computing markets. It was created to meet growing consumer demands for new interactive products. The company innovates and patents a set of remarkable new technologies that bring unheard-of Vision Processing to all types of consumer devices. Next-generation products require 10x-100x more performance and longer battery life - and Blaize is poised to meet those needs. 

Source: https://www.thefastmode.com/investments-and-expansions/20407-ai-edge-computing-firm-blaize-closes-71m-series-d-round